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RE: Thoughts on STEEM-Backed Dollars and Holding the Peg

in #steemit8 years ago

I think a big part of the problem is the surge in interest for crypto in general. People are buying up coins without understanding them. They think SBD is just another altcoin to speculate on and driving the SBD price up is a good thing. If we do too much and we are in a bubble it will make things worse when it pops. Think the more cautious approach here might be the best.